Cover of the textbook Outcomes Advanced - Student's Book

The key answer of exercise 2

The key to exercise solutions in chapter 14 - Banking on change for the textbook Outcomes Advanced - Student's Book with authors Carol Nuttall and Amanda French from National Geographic Learning

Question

Read the blog post opposite. Then work in pairs and explain its headline.

Answer

Here are four possible ways of interpreting the headline, plus a summarising statement:

  1. four Icelandic bankers have been prosecuted (for fraud)
  2. the writer thinks this is good because it’s one of the first times people who’ve committed crimes inside banks have been prosecuted – rather than just the banks as institutions getting fined – so it’s putting the people first before the institutions
  3. this may make some people inside banks think twice and take more individual responsibility for their actions
  4. finally – and students may not get this – it means banks may now become more people-friendly and people-centred and better with customers too

In short, putting people first in terms of the legal process may help banks get better at putting customers first, rather than simply seeking profit.